Fort Meade, MD is a great place for those looking to invest in housing. The housing median value is $466,800 which is significantly higher than the US house median value of $338,100. This suggests that people are willing to pay more for housing in this area. Furthermore, the US 1 year house appreciation rate is 8.27%, while the 1 year appreciation rate in Fort Meade, MD is slightly lower at 6.91%. This indicates that while the increase in housing prices has been slower in Fort Meade compared to other parts of the country, it still remains a very attractive option for those looking to purchase property.
The median home cost in Fort Meade is $466,800. Home appreciation the last 10 years has been 86.5%. Home Appreciation in Fort Meade is up 10.7%.
Average Age of Homes
- The median age of Fort Meade real estate is 24 years old
The Rental Market in Fort Meade
- Renters make up 83.9% of the Fort Meade population
- 5.5% of houses and apartments in Fort Meade, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.